Doug Casey on How You Can Think and Act Like a Professional Speculator
Via International Man International Man: What personal and psychological blind spots and limitations should a speculator be wary of? Doug Casey: There is no question that your biggest enemy in the markets is your own psychology. Everybody suffers from fear when the market is down and greed when the market is up. It’s a matter … Read more
Gold Is Best Bought Before the Next Economic Crisis
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: The best time to buy gold is before a crisis, how the Basel III agreement could impact short- and long-term gold prices, and finding a balance between gold and bitcoin. Expert forecasts … Read more
Sky News: Joe Biden labelled a ‘creep’ after he ‘bizarrely’ keeps whispering into microphone
President Joe Biden has “bizarrely” whispered into the microphone multiple times at a press conference – in what has been deemed as “creepy” – while he addresses reporters questions. Joe Biden was speaking at a press conference to discuss his administration’s infrastructure plan where he began to whisper when taking questions from White House press … Read more
Bank of England to Ministers: Digital cash could be programmed to ensure it is only spent on essentials
The Bank of England has called on ministers to decide whether a central bank digital currency should be “programmable”, ultimately giving the issuer control over how it is spent by the recipient. Tom Mutton, a director at the Bank of England, said during a conference on Monday that programming could become a key feature of … Read more
Biden Administration Released 18,300 Illegal Kids to Unknown Sponsors
https://www.breitbart.com/politics/2021/06/24/tgop-lawmakers-18-3k-migrant-kids-resettled-across-u-s-in-two-months/ Sens. Marsha Blackburn (R‑TN) and Bill Hagerty (R‑TN), as well as Rep. Chuck Fleischmann (R‑TN), say President Joe Biden’s administration has resettled more than 18,300 migrant children across the United States in the matter of a couple of months with little-to-no transparency. On Thursday, Blackburn, Hagerty, and Fleishmann sent a letter to Department of … Read more
El Salvador WILL GIVE $30 in BITCOIN to ALL Citizens Before it becomes LEGAL TENDER in September
El Salvador is planning to give $30 in bitcoin to citizens who download the government’s crypto app, Chivo. The initiative comes as the much-anticipated “Bitcoin Law” takes effect on September 7. President Nayib Bukele in a national address explained how the landscape would look like for 6.5 million Salvadorans. El Salvador is planning to give … Read more
The Fed Can’t Answer the Simplest Questions
Cherry blossoms symbolize the fleeting nature of all things. Photo by Haoshuang Lou From Birch Gold Group Just a couple of weeks ago, Bloomberg reported that Federal Reserve Chairman Jerome Powell sold investors on the idea that rising inflation wasn’t going to last. Officially, as of May 2021, inflation had risen 5%, the highest since August 2008. Here’s how we know … Read more
BBC running an article about tennis being too white now, Do they ask is basketball too black? or the 100m sprint?
“Tennis is an elitist sport. The majority of people involved are white and the majority are white men.” This view from Miles Daley, a 28-year-old black tennis coach from Hackney, is one held by many people in Britain. The statistics provided by the Lawn Tennis Association (LTA), the sport’s governing body, reinforce some of those … Read more
American Express Charles Schwab Cashout Option Reduced To 1.10 On September 1, 2021
The American Express Platinum Charles Schwab cash out option to invest with rewards rate has been reduced to 1.10. It’s now only a 10% boost compared to a 25% boost. This is Scheduled to take affect September 1st and everyone will get the notice on there July Statement. The information has been confirmed via Chat … Read more
Fed Chairman Admits Unsustainability of Federal Deficits, Yet Claims No Risk
by Mike Gleason Platinum to Benefit from Fuel Cell Demand, Inflation Don’t want to listen? Read the podcast below! Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. As unsustainable government spending and debt raised alarms in Washington this week, precious metals markets showed some signs of firming up. After last week’s price drubbing, gold … Read more
Dr. Rand Paul Calls For Dr. Fauci To Be Held Accountable For His Crimes
OAN, Released on 6/25/21 Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liberties and fiscal responsibility, and a warrior against government overreach. A graduate of Duke University School of Medicine, Rand was a practicing ophthalmologist in Bowling Green, Ky., … Read more
Did the Fed Really Kill Inflation Last Week?
by Graham Summers of Gains, Pains, & Capital The financial media is awash with gurus and pundits who argue that inflation is over because bond yields have fallen. None of these people are acknowledging a key fact however… That fact? That Bond (and their yields) are the single most manipulated asset class on the planet. As I write this the … Read more
REAL 30-year Mortgage Rates Now Negative! UMich Survey Indicates Crashing Conditions For Home Buying
by confoundedinterest17 The ramp-up in inflation with relatively low mortgage rates has resulted in NEGATIVE real 30-year mortgage rates. Once again, the lowest since 1975. The Federal Reserve chair was Arthur Burns and the President was Gerald Ford. The University of Michigan consumer survey points to crashing buying conditions for housing and soaring bad times. The … Read more
Real Interest Rates Lowest Since 1975 (Back To Gerald Ford And “Whip Inflation NOW!”)
by confoundedinterest17 To quote Dean Martin, “Ain’t that a kick in the head.” Real interest rates (nominal interest rates less the inflation rate) are more negative than anytime since 1975. The REAL effective Fed Funds rate (on the short end) is the lowest since 1975. The real 10-year Treasury Note yield is also the lowest since 1975. … Read more
Biden Admin extends eviction ban amid fears of ‘horrific crisis’..but this is the last extension
The Biden administration unveiled a raft of measures to prevent people who lost income during the pandemic from losing their homes on Thursday, including by extending nationwide eviction and foreclosure bans until July 31. The White House and other federal agencies sprang into action amid growing concerns that state and local governments were not prepared to … Read more
America’s Social Order Is Unraveling
Authored by Charles Hugh Smith via OfTwoMinds blog, The unraveling of America’s social order is accelerating, and denial will not save us from the consequences of the plundering of the social contract. What kind of nation boasts a record-high stock market and an unraveling social order? Answer: a failed nation, a nation that has substituted artifice … Read more